karlkrawall
BTC can go anywhere as of right now. It's currently fighting which direction it will go. Many patterns possible. Personally I am on the sidelines waiting. My guess is the double top will be finally confirmed and BTC will go south but there's also a giant bullish flag that may form from here. Maybe something else will form. Noone knows right now, no matter what...
BTC might go down a little more to around $10900, the target of the small, purple bearish flag. Then ist might go up to finish the larger yellow bullish flag to try another break of the neckline of the big inverse H&S. No financial advise as I am just playing around here.
Still absolute beginner, I hope this is right an APPC will break out to next resistance soon. Tipps are very welcome.
See the graph. I'm trying to understand how such a move effects the (real) trend.
I spent too much time looking in the eyes of this cobra the past days, please stomp it.
This is how a first grader, and me, look at Bitcoin's value and situation.
A first grader (and me) might come to this simple conclusion.